Get Our Email Newsletter

US LBM Files for IPO

Reuters is reporting that US LBM Holdings Inc has filed for IPO of up to $100 million.

US LBM Holdings, a US distributor of specialty building materials for homebuilders and contractors, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.

Nasdaq reports that the Buffalo Grove, Ill.-based company was founded in 2009 and booked $2.7 billion in sales for the 12 months ended December 31, 2016. It has not yet selected an exchange, but plans to list under the symbol LBM. Barclays, RBC Capital Markets and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.

LBM Resources

White Paper: Five Questions to Ask of Your Next Business Management Software

Five Questions to Ask of Your Next Business Management Software This White Paper provides a guide for LBM distributors and pro dealers to help choose...

 

 

Get our free newsletter

Join thousands of other lumber and building material industry leaders and keep up with the companies, people, products and issues shaping the industry.

What's New

Digital Partners

Become a digital partner ...

Sales Comp Study

Download this 55-page, in-depth study by LBM Journal of industry trends in sales force compensation and benefits. See how your organization stacks up.

Webinars

- Advertisement -

White Papers

View all ...

- Advertisement -

Partner Content

View all ...

- Advertisement -